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Corporate Tax in UAE

Purposes of Federal Decree-Law No. 47 of 2022

Purposes of Federal Decree-Law No. 47 of 2022

Ministerial Decision No. 133 of 2023 on Business Restructuring Relief for the Purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses Exploring Business Restructuring Relief under Federal Decree-Law No. 47 of 2022 In a recent development, Ministerial Decision No. 133 of 2023 has introduced…
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Federal Decree-Law No. 47

Federal Decree-Law No. 47

Ministerial Decision No.134 of 2023 on the General Rules for Determining Taxable Income for the Purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses Introduction In the realm of taxation for corporations and businesses, the Minister of State for Financial Affairs has made significant…
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Taxation of Corporations and Businesses

Taxation of Corporations and Businesses

Ministerial Decision No. 132 of 2023 on Transfers Within a Qualifying Group for the Purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses Introduction In this article, we will explore the concepts of ownership interest and transfers within the framework of corporate tax law.…
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Expert Insights on UAE Corporate Tax Rates

UAE Corporate Tax Rates

NUFCA: Expert Insights on UAE Corporate Tax Rates Introduction: Understanding the corporate tax landscape in the United Arab Emirates (UAE) is crucial for businesses to ensure compliance and optimize their financial strategies. NUFCA, a trusted accounting firm, offers comprehensive services and expert insights to navigate the complexities of UAE corporate…
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Corporate Tax Law

Corporate Tax Law in Dubai

Complying with Transfer Pricing Documentation Requirements in the UAE Corporate Tax Law A new decision related to Transfer Pricing under the Corporate Tax regime has been issued by the UAE Ministry of Finance, with Ministerial Decision No 97 of 2023 on how related parties and connected persons can price their…
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Corporate Tax in the UAE from June 2023

Corporate Tax in the UAE from June 2023

Corporate tax in the United Arab Emirates (UAE) is relatively low compared to other countries. The UAE does not have a federal corporate income tax system, which means that companies are not required to pay taxes on their profits at the federal level. However, certain emirates within the UAE, such…
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